--- title: "Tesla FSD news ignites the market, CAOCAO INC rises over 18%, company’s smart driving layout gains attention" type: "News" locale: "en" url: "https://longbridge.com/en/news/287339417.md" description: "Tesla's FSD is about to be put into use in China, driving up the stock prices of smart driving concept stocks, with CAOCAO INC rising by 18.38%. The company has built a closed-loop ecosystem of smart customized vehicles, smart driving technology, and smart operations, and plans to mass-produce a deeply customized version of Robotaxi by 2027. The company also announced a one-year share repurchase plan with a funding limit of HKD 200 million" datetime: "2026-05-22T09:32:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287339417.md) - [en](https://longbridge.com/en/news/287339417.md) - [zh-HK](https://longbridge.com/zh-HK/news/287339417.md) --- # Tesla FSD news ignites the market, CAOCAO INC rises over 18%, company’s smart driving layout gains attention According to Zhitong Finance APP, on May 22, media reports stated that Tesla's supervisory version of FSD is about to be launched in China, which has strongly boosted the overall rise of the intelligent driving concept sector. Among them, CAOCAO INC (02643) performed particularly well, with an increase of 18.38% by the close of that day. This event is not isolated; it is seen as a key turning point for the intelligent driving industry, moving from the "technology validation" stage to the "scaled commercial use" stage, triggering a comprehensive reassessment of the value of the entire intelligent driving industry chain. As the core vehicle for Geely Holding Group's Robotaxi commercialization layout, CAOCAO INC has successfully built a comprehensive closed-loop ecosystem of "intelligent customized vehicles + intelligent driving technology + intelligent operations," which has significant advantages. Recently, at the 2026 Beijing Auto Show, the first native Robotaxi prototype vehicle, Eva Cab, deeply involved in vehicle product definition and development by CAOCAO INC, made a stunning debut. According to the established plan, the deeply customized Robotaxi from CAOCAO INC is expected to achieve mass production by 2027, with a cumulative deployment of 100,000 vehicles by 2030. In addition, on May 14, CAOCAO INC announced that the company's board of directors has officially approved a share buyback plan, which will last for one year, with a total buyback fund limit of HKD 200 million ### Related Stocks - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [TSL.US](https://longbridge.com/en/quote/TSL.US.md) - [02643.HK](https://longbridge.com/en/quote/02643.HK.md) - [TSLR.US](https://longbridge.com/en/quote/TSLR.US.md) - [TSLG.US](https://longbridge.com/en/quote/TSLG.US.md) - [07766.HK](https://longbridge.com/en/quote/07766.HK.md) - [TESL.US](https://longbridge.com/en/quote/TESL.US.md) - [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md) ## Related News & Research - [Tesla FSD v14.3.3 adds faster ASS and new FSD Stats [2026.14.6.6]](https://longbridge.com/en/news/286782990.md) - [Tesla removes one-time FSD purchase option across Europe and the UK](https://longbridge.com/en/news/287380061.md) - [Tesla increases Actually Smart Summon speed by 33% in new FSD update](https://longbridge.com/en/news/286678100.md) - [Tesla now forces drivers to give feedback when intervening on ‘Full Self-Driving’](https://longbridge.com/en/news/286479354.md) - [Tesla owners to attempt first ever FSD drive across Canada](https://longbridge.com/en/news/287389412.md)